In deciding which of two charging order applications to grant first, the court would seek an equitable result having regard to all the circumstances. ‘First past the post’ was not a rule or principle.

Facts

Two separate creditors each obtained substantial money judgments against the defendant which they sought to secure by charging orders. C1 obtained an interim charging order six week before C2. They then both applied for final charging orders. C1 claimed that its charging order should rank first on the basis of the ‘first past the post’ principle. C2 claimed they should rank equally.

Issue

Which of the two charging order ap ... THIS IS AN EXTRACT OF THE FULL TEXT. TO GET THE FULL TEXT, SEE BELOW